Another calendar year is almost complete, and it is soon time for a well-deserved holiday break. The past year has been very exciting for The Switch. We have received a lot of new shaft generator orders from several system integrator customers, including a number of new customers. These orders have made us clearly a leading…
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Switching on frequently 03/2023: The Switch welcomes new shareholders!
We are now at the beginning of a new era. BEMAC Corporation, as the majority shareholder, together with Mitsui & Co. have entered into a share purchase agreement to acquire 100% of the shares of The Switch group from Yaskawa. The final closing will be subject to a few conditions, like regulatory approvals. This is…
Switching on frequently 02/2023: Heat of summer
Heat of summer Although the heat of summer is just starting to arrive in Finland, most of us are looking forward to a break when we can spend time with our families and friends – and recharge our batteries. For us at The Switch, we will really need all the energy we can get for…
Switching on frequently 01/2023: Looking forward to FY23
We just finished our fiscal year of 2022 with a historical number of deliveries. The last two months of January and February helped us recover sales that were impacted by shortages in materials. We did not meet our profitability targets, but as we all know, last year was quite exceptional. I can also proudly tell…